New York Life

Senior Director - Commercial Mortgage Originations

New York Life

New York, NY, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Welcome to New York Life, where we are dedicated to helping individuals and businesses achieve financial security and peace of mind. We are currently seeking a highly skilled and experienced Senior Director to lead our Commercial Mortgage Originations team.In this role, you will be responsible for overseeing the origination of commercial mortgage loans for our company. Your strategic vision and leadership will be crucial in driving the growth and profitability of our commercial mortgage portfolio.To excel in this position, you must have a strong understanding of the commercial real estate market, as well as a proven track record of successfully originating and closing large commercial mortgage loans. Additionally, you must possess exceptional communication and interpersonal skills to effectively collaborate with internal and external stakeholders.If you are a driven and results-oriented professional with a passion for commercial mortgage lending, we invite you to join our team and make a significant impact on the success of our organization.

  1. Develop and implement strategic initiatives to drive growth and profitability of the commercial mortgage portfolio.
  2. Lead and manage the Commercial Mortgage Originations team, providing guidance and support to ensure team members meet their goals and objectives.
  3. Oversee the origination process for commercial mortgage loans, including reviewing loan applications, conducting due diligence, and negotiating terms and conditions with borrowers.
  4. Utilize market knowledge and industry trends to identify potential lending opportunities and assess risk.
  5. Build and maintain relationships with key stakeholders, including borrowers, brokers, and other financial institutions.
  6. Collaborate with other departments, such as underwriting and risk management, to ensure loans are originated in compliance with company policies and procedures.
  7. Monitor and analyze the performance of the commercial mortgage portfolio, making adjustments as needed to achieve desired results.
  8. Keep up-to-date with changes in the commercial real estate market and regulatory environment, and make recommendations for process improvements.
  9. Prepare and present reports and presentations to senior management on the performance of the commercial mortgage originations team and portfolio.
  10. Mentor and develop team members, providing ongoing training and support to enhance their skills and knowledge.
  11. Represent the company at industry events and conferences to promote the organization and build relationships with potential clients.
  12. Adhere to all company policies and procedures, as well as industry regulations and standards.
Where is this job?
This job is located at New York, NY, USA
Job Qualifications
  • Comprehensive Knowledge Of The Mortgage Industry: A Senior Director Of Commercial Mortgage Originations At New York Life Should Have A Deep Understanding Of The Commercial Mortgage Market, Including Market Trends, Regulatory Landscape, And Financial Products.

  • Extensive Experience In Mortgage Origination: The Ideal Candidate Should Have A Proven Track Record Of Success In Mortgage Origination, Preferably In The Commercial Sector. This Includes Experience In Underwriting, Deal Structuring, And Closing Complex Mortgage Transactions.

  • Strong Financial Acumen: As A Senior Leader, The Candidate Should Possess Strong Financial Acumen And Be Able To Analyze And Interpret Financial Statements, Cash Flow Projections, And Other Financial Data To Inform Decision-Making And Mitigate Risk.

  • Excellent Communication And Relationship-Building Skills: The Senior Director Will Be Responsible For Building And Maintaining Relationships With Key Stakeholders, Including Borrowers, Brokers, And Internal Teams. Excellent Communication And Interpersonal Skills Are Essential For Success In This Role.

  • Leadership And Strategic Thinking: The Role Requires A Strong Leader Who Can Drive Results And Lead A Team Of Mortgage Originators. The Ideal Candidate Should Have A Strategic Mindset And Be Able To Develop And Execute Plans To Achieve Business Objectives.

Required Skills
  • Risk Management

  • Financial Analysis

  • Underwriting

  • Strategic Planning

  • Business Development

  • Negotiation

  • Leadership

  • Relationship Management

  • Team Building

  • Sales Strategy

  • Client Services

  • Market Knowledge

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Critical thinking

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Senior Director - Commercial Mortgage Originations in New York, NY, USA is $158,000 - $221,000 per year. This salary range may vary depending on the specific industry, company, and individual qualifications and experience. Other factors such as bonuses, commissions, and benefits may also impact the overall salary package.

Additional Information
New York Life is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedJanuary 8th, 2025
Apply BeforeJanuary 14th, 2026
This job posting is from a verified source. 
Reposted

Apply with Video Cover Letter Add a warm greeting to your application and stand out!

About New York Life

New York Life Insurance Company is the third-largest life insurance company in the United States, the largest mutual life insurance company in the United States.

Frequently asked questions

Get interviewed today!

JobzMall is the world‘ s largest video talent marketplace.It‘s ultrafast, fun, and human.

Get Started